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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla

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To: violetta martinez who wrote (728)10/22/1998 10:39:00 AM
From: Famularo  Read Replies (1) of 822
 
Kimberlitic indicator minerals discovered in Buffalo Hills, Alta.

Mount Hope Resources Corp MH
Shares issued 9,623,573 Oct 14 close $0.15
Thu 22 Oct 98 News Release
Mr. Scott Angus reports
Mount Hope Resources has recovered several kimberlitic indicator minerals
from a sediment sampling program at its northwestern property in the
Buffalo Hills region of Northern Alberta.
The sediment sampling program was completed in the vicinity of several
geophysical targets defined by an airborne geophysical survey of Mount
Hope's Haro River region. The survey was filtered to eliminate any cultural
anomalies. The samples were processed by Overburden Drilling Management of
Nepean, Ont. and the electron microprobe analysis was carried out at the
Ontario Geological Survey Geoscience Laboratory in Sudbury, Ont.
The kimberlitic indicators have been recovered from three sediment samples
collected from a creek in the Haro River area. These kimberlitic indicators
include two peridotitic clinopyroxenes, one eclogitic garnet and two
peridotitic garnets. One of the peridotitic garnets is subcalcic in
composition known as a G10 garnet, considered to be the best indicator of
diamondiferous kimberlites. The high chrome (Cr2O3) content of this garnet
(13.19 wt per cent) suggests that it was derived from a potentially
diamondiferous host kimberlite.
The creek, from which these five kimberlitic indicators have been
recovered, drains a restricted area, which contains seven unexplained
geophysical anomalies. South of the Haro River area, a peridotitic garnet
has also been recovered from Gerard Creek in close proximity to an
additional unexplained geophysical target.
Mount Hope has contracted Apex Geoscience to recover additional sediment
samples from the Haro River region in order to further substantiate these
positive results and pinpoint drill targets.
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